Opening of Bids - 2021 Street and Sewer Materials Bid Proj No. 121-018 - Rieth-Riley Construction Co., Inc.

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TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA Havtfoxd, Connecticut 06183 KNOW ALL MEN BYTHESE PRESENTS, That we, euPrincipal, hereinafter called the Principal, and TRAVELERS CASUALTY AND SURETY COMPANY OFAMERICA, ofHartford, Connecticut, a corporation duly organized under the |avma of the State of Connecticut, as 8urety, hereinafter called the Gunety, are held and firmly bound unto City of South Bend, Indiana as Obligee, hereinafter oeUod the Obligee, inthe sum of Five Percent (5%) of total bid Dollars ($ 5% of Bid for the payment of which sum well and truly to be made, the said Principal and the said Surmty, bind ourem|vea, our heirs, exeoutono, administrators, mumcmemmro and eooignm, jointly and meveraUy, finn|y by these presents. ` WHEREAS, the Principal has submitted a bid for 2021 Street and Sewer Material Bic] 'Project No. 121-018 NOW, THEREFORE, if the.Obligee shall accept the bid of the Principal and the Principal shall enter into oContract with the Obligee in a000ndonom with the terms of such bid. and give such bond or bonds as may he specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such, or in the oven/ of the failure of the Principal to enter such Contract and give such bond or bonds, if the Principal mhmU pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation ahn|| be null and void, uthanm\me to remain in full force and effect. Signed and sealed this 13th day of itness (-Dawn E. Arms 1�y6ng �Vitness Christopher T. Moser April 2021 RIETH-RILF,Y CONSTRUCTIOV CO., INC. (Principal) (Seal) 1�4 9X — Ruben Alvarado, Sales Manager Sandra M. Nowak, mey-in-Fact